Quilter Long Term Investments vs Other Current Assets Analysis
QLT Stock | 149.90 3.60 2.46% |
Quilter PLC financial indicator trend analysis is much more than just breaking down Quilter PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quilter PLC is a good investment. Please check the relationship between Quilter PLC Long Term Investments and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quilter PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Long Term Investments vs Other Current Assets
Long Term Investments vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quilter PLC Long Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Quilter PLC's Long Term Investments and Other Current Assets is -0.7. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Quilter PLC, assuming nothing else is changed. The correlation between historical values of Quilter PLC's Long Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Quilter PLC are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Investments i.e., Quilter PLC's Long Term Investments and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Quilter PLC balance sheet that represents investments Quilter PLC intends to hold for over a year. Quilter PLC long term investments may include different instruments such as stocks, bonds, real estate and cash.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Quilter PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quilter PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quilter PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Quilter PLC's Tax Provision is projected to decrease significantly based on the last few years of reporting.
Quilter PLC fundamental ratios Correlations
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Quilter PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quilter PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 63.7B | 67.4B | 50.7B | 46.4B | 53.3B | 38.2B | |
Total Stockholder Equity | 2.1B | 1.9B | 1.7B | 1.5B | 1.5B | 1.4B | |
Accounts Payable | 35M | 40M | 33M | 32M | 46M | 43.7M | |
Total Liab | 61.7B | 65.5B | 49.0B | 44.9B | 51.8B | 36.3B | |
Other Liab | 6.4B | 7.5B | 7.1B | 5.9B | 6.8B | 8.2B | |
Retained Earnings | 1.8B | 1.6B | 1.5B | 989M | 958M | 849.9M | |
Cash | 2.5B | 1.9B | 2.1B | 1.8B | 1.5B | 1.5B | |
Short Long Term Debt Total | 335M | 319M | 299M | 290M | 279M | 270.9M | |
Other Current Liab | 52.7B | 57.5B | 41.8B | 38.8B | 521M | 495.0M | |
Total Current Liabilities | 53.0B | 57.9B | 41.8B | 38.9B | 575M | 546.3M | |
Net Debt | (2.1B) | (1.6B) | (1.8B) | (1.5B) | (1.3B) | (1.3B) | |
Non Current Assets Total | 736M | 699M | 590M | 526M | 667M | 633.7M | |
Non Currrent Assets Other | (59.8B) | (63.8B) | (48.0B) | (44.1B) | 113M | 118.7M | |
Cash And Short Term Investments | 2.5B | 1.9B | 2.1B | 1.8B | 1.5B | 1.7B | |
Common Stock Shares Outstanding | 1.6B | 1.5B | 1.4B | 1.5B | 1.4B | 1.2B | |
Liabilities And Stockholders Equity | 63.7B | 67.4B | 50.7B | 46.4B | 53.3B | 54.6B | |
Other Current Assets | 58.1B | 64.3B | 48.2B | 44.2B | 51.1B | 33.1B | |
Total Current Assets | 60.3B | 66.2B | 50.0B | 45.8B | 52.7B | 29.3B | |
Accumulated Other Comprehensive Income | 46M | 51M | 58M | 386M | 388M | 324.9M | |
Short Term Debt | 20M | (171M) | 10M | 9M | 6M | 5.7M | |
Net Tangible Assets | 1.5B | 1.3B | 1.3B | 1.1B | 1.3B | 1.2B | |
Net Receivables | 338M | 617M | 285M | 61M | 67M | 63.7M | |
Property Plant And Equipment Net | 143M | 142M | 131M | 112M | 91M | 84.5M | |
Current Deferred Revenue | 191M | 379M | (10M) | (9M) | (43.5B) | (41.3B) | |
Other Assets | 2.7B | 515M | 119M | 127M | 114.3M | 108.6M | |
Good Will | 306M | 314M | 350M | 356M | 275.4M | 264.7M | |
Short Term Investments | 15M | 63.3B | 47.6B | 43.6B | 50.3B | 52.8B | |
Non Current Liabilities Total | 60.8B | 64.8B | 48.5B | 44.4B | 51.3B | 45.6B | |
Inventory | 3.1B | 3.2B | 2.8B | 2.4B | (58M) | (55.1M) | |
Deferred Long Term Liab | 562M | 455M | 413M | 9M | 10M | 8.6M | |
Property Plant And Equipment Gross | 143M | 142M | 247M | 206M | 155M | 117.9M | |
Intangible Assets | 592M | 556M | 457M | 413M | 66M | 62.7M | |
Property Plant Equipment | 143M | 142M | 131M | 112M | 128.8M | 82.5M | |
Non Current Liabilities Other | 7.7B | 6.5B | 6.9B | 5.8B | 7.4B | 7.3B | |
Net Invested Capital | 2.3B | 2.1B | 1.7B | 1.7B | 1.7B | 1.6B |
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Balance Sheet is a snapshot of the financial position of Quilter PLC at a specified time, usually calculated after every quarter, six months, or one year. Quilter PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Quilter PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Quilter currently owns. An asset can also be divided into two categories, current and non-current.